Swiss ticketing leaders to merge
With rumours swirling of international involvement in Switzerland's primary ticket market, Starticket and CTS Eventim/Ticketcorner have joined forces
News By | 1 November 2016
Ticketcorner and Starticket, which between them control around 85% of live entertainment ticketing in Switzerland, have announced their intention to merge. Shares in the new company will be 75% held by Ticketcorner’s parent companies, CTS Eventim and Ringier, and 25% by Starticket parent Tamedia.
Ticketcorner CEO Andreas Angehrn will lead the group.
The merger, which a statement from Tamedia says is motivated partially by “increasingly intensive competition in the ticketing business due to international providers”, comes just months after Ticketmaster/Live Nation Luxembourg registered …